DisCos urge FG to fund planned meter rollout before 2024 deadline

Jul 10, 2020

As part of measures to implement the proposed Service Reflective Tariff (SRT), power distribution companies (DisCos), yesterday, asked the Federal Government to fund the rollout of meters to close the six million gap before 2024 deadline. Speaking on behalf of the DisCos at the House of Representatives public hearing on the power sector in Abuja,…

Read More

Nigerian electricity customers grow by 75,000 monthly – AEDC boss

Jul 10, 2020

Every month, an average rate of 75,000 new customers is added to the Nigeria Electricity Supply Industry (NESI) Ernest Mupwaya, the Managing Director of Abuja Electricity Distribution Company (AEDC), has disclosed. Mupwaya, who disclosed while speaking on behalf of the DisCos at the House of Representatives public hearing on the power sector on Thursday, said…

Read More

Reps, BPE differ over Gencos, Discos’ power sector performance

Jul 10, 2020

The House of Representatives and the Bureau of Public Enterprises have differed on the performance of generation and distribution companies after the privatisation of the power sector by the Federal Government. While the BPE said the privatisation and unbundling of the defunct Power Holding Company of Nigeria, formerly the National Electric Power Authority, had yielded…

Read More

11 DISCOs recorded N1.7 trn deficit on tariffs – NERC

Jul 9, 2020

The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Prof. James Momoh wednesday disclosed that 11 electricity distribution companies (Discos) have recorded N1.736 trillion deficit in tariffs. Momoh made the disclosure during the investigative hearing into the privatisation of power assets held at the instance of the House of Representatives Ad-hoc Committee chaired by the…

Read More

‘Over-regulation of Nigeria’s power sector counter-productive’ – Century Power CEO

Jul 9, 2020

The Chief Executive Officer (CEO), of a power generating company, Century Power Generation Limited, Dr. Chukwueloka Umeh, has commended the Federal Government’s efforts so far to deregulate the power sector He appealed to the government to urgently do more to help check the alarming growth in unemployment rate in the country. He maintained that once…

Read More

Steady electricity supply, staff safety our priority – Egbin Power

Jul 9, 2020

THE Management of Egbin Power Plant, has given insight into how it has so far maintain steady power supply to its customers and safety of its employees since the beginning of COVID-19 pandemic, saying uninterrupted power supply and staff safety is its priority, A statement by the Chief Executive Officer, CEO, of the plant, Paul…

Read More

BUA Cement to build 50MW power plant for cement plant in Adamawa State

Jul 8, 2020

In Nigeria, the mining company BUA Cement will build a 50 MW power plant to power its future cement plant which will be located in the state of Adamawa. The two projects will create 8,000 jobs and bring its production capacity to 14 million m 3 / year. In Nigeria, BUA Cement announced plans to…

Read More

PH DisCo unveils easy payment system

Jul 8, 2020

A scheme to expand the customer base of the Port Harcourt Electricity Distribution Company (PHED) beyond the current N554,000 has been launched in Port Harcourt. Officials who spoke at the unveiling of EasyPay USSD scheme said it would make the PHED become the first DisCo to meet the recent regulatory mandate for total online payment…

Read More

Nigerians enjoy an average of only 7hrs electricity from national grid daily – NBS

Jul 8, 2020

Of the 24 hours spent a day, Nigerians only get to enjoy an average of 6.8 hours of electricity supplied to them from the national grid, according to a newly published survey by the National Bureau of Statistics, Wednesday, exposing further the epileptic power situation faced in the country. In the remaining hours of the…

Read More

NERC commences review of Discos’ responses to queries over capping order

Jul 7, 2020

The Nigerian Electricity Regulatory Commission (NERC) said Tuesday that it is reviewing the responses of some power distribution companies (Discos) to its queries on the flouting of capping order issued by the commission. The electricity sector’s regulatory agency had given the Discos 14 days to explain why they should not be punished for breaching the…

Read More